SGTraDex
SGTraDex (Singapore Trade Data Exchange) is a Singapore-based public-private blockchain-enabled data infrastructure that facilitates trusted, secure sharing of trade and supply chain data between ecosystem partners, serving banks, shippers, logistics operators, and regulators across Singapore-China and Singapore-Malaysia corridors.
- Company typePrivate
- Founded2021
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What SGTraDex does
SGTraDex (Singapore Trade Data Exchange) is a Singapore-based digital infrastructure platform founded in July 2021 and officially launched on 1 June 2022 through the Singapore Together Alliance for Action (AfA) on Supply Chain Digitalisation. It operates as a public-private partnership anchored by IMDA and a consortium of founding partners including PSA, Trafigura, DBS, Jurong Port, OCBC, Ocean Network Express, Advario, Pacific International Lines, Standard Chartered, and UOB. The platform provides a blockchain-enabled neutral data highway that facilitates trusted and secure sharing of supply chain data between ecosystem partners without storing data or recording data flow history, structured around three architectural components: a Data Highway for encrypted information transfer between verified parties, a Data Pitstop as the integration layer that translates internal business formats to standardised formats, and a Service Marketplace that allows partners to build value-added services on the underlying infrastructure.
SGTraDex serves four primary customer segments: bulk shippers and traders, logistics operators, financial institutions, and non-trading organisations such as regulators and research bodies. Use cases span trade finance fraud detection, container flow decongestion, bunker optimisation, green and sustainable trade finance, ship supplies and lighterage optimisation, and demurrage management. Cross-border corridors are operational between Singapore and China (with a 75% reduction in shipment-to-payment settlement time and 60% reduction in document handling time demonstrated through the Digital D/P initiative) and Singapore and Malaysia (via a 2025 MYEG partnership). As one of four TradeTrust-enabled platforms approved by the International Group of P&I Clubs, SGTraDex's electronic trade documents carry the same legal standing as paper documents for insured maritime trade.
The business model positions SGTraDex as a neutral "digital utility" with subscription/recurring revenues implied by multi-year contracts, although pricing is not publicly disclosed. Distribution combines direct enterprise engagement, channel partnerships with TradeTrust-enabled platforms such as AEOTrade, BlockPeer, and Credore, and government-led onboarding through the TradeTrust Readiness Programme. The company has 11-50 employees, 25 onboarded organisations, and a marketing approach anchored on public-private partnership signalling, LinkedIn presence, website content, and earned media press releases rather than broad paid marketing. The entity is private, not publicly listed, and operates as a distributed consortium rather than under a single parent company.
SGTraDex firmographics
Firmographics- Name
- SGTraDex
- Legal name
- Singapore Trade Data Exchange
- Website
- https://sgtradex.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SGTraDex (Singapore Trade Data Exchange) is a Singapore-based public-private blockchain-enabled data infrastructure that facilitates trusted, secure sharing of trade and supply chain data between ecosystem partners, serving banks, shippers, logistics operators, and regulators across Singapore-China and Singapore-Malaysia corridors.
- Ownership category
- akta.pro rank
SGTraDex industry classification
Industry- Product category
- Supply Chain Digital Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ)
- akta.pro secondary industries
- Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Market Surveillance & Trade Monitoring (FSAFAOAC)
Keywords
Where SGTraDex is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
SGTraDex business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Data Infrastructure Services: SGTraDex operates as a neutral digital utility providing data sharing infrastructure to supply chain ecosystem partners. Revenue generation model not explicitly disclosed in available materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Pricing not publicly disclosed - quote-based engagement |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
SGTraDex product offering
Product offeringCore offering
SGTraDex is a blockchain-enabled neutral digital infrastructure that facilitates trusted and secure sharing of supply chain data between ecosystem partners through a Data Highway, Pitstop integration layer, and Service Marketplace. The platform enables trade finance fraud detection, container flow decongestion, bunkering optimisation, green and sustainable trade finance, ship supplies optimisation, and demurrage management across maritime, logistics, and financial services participants.
Product overview
SGTraDex (Singapore Trade Data Exchange) is a digital infrastructure platform comprising a core Data Highway, a Pitstop integration layer, and a Service Marketplace. The platform facilitates trusted and secure sharing of trade data between supply chain ecosystem partners through multiple industry-specific use cases including trade finance fraud detection (Use Case A), container flow decongestion (Use Case B), bunker optimisation (Use Case C), green trade finance (Use Case D), ship supplies optimisation (Use Case E), and demurrage management (Use Case J). The Data Dictionary provides standardized data elements for documents and events across maritime, logistics, and trade finance industries. 25 organisations from private and public sectors have been onboarded to the programme.
Differentiator
Problem solved
Functional benefit
Products and services
- SGTraDex Data Highway The main conduit within SGTraDex enabling streamlined and rapid transfer of encrypted information between willing and consenting parties. A neutral and secure function accessible only to verified parties signed on to SGTraDex that does not store data or record history of data flow.
- SGTraDex Pitstop The critical integration layer between a business's internal systems and SGTraDex's data highway that translates data from internal systems to a standard manner for processing, and translates received data to the recipient's format. Acts as a gate for incoming and outgoing data with optional internal audit and governance trail recording.
- SGTraDex Data Dictionary A complete set of all documents and events data that can be shared through the SGTraDex data highway, mapped based on extensive consultation with industry participants and adopted industry standards. Enables participants to exchange data elements with the entire ecosystem through single-point connectivity.
- Digital Documents Against Payment (D/P) Interoperable digital trade process between Singapore and China enabling digital Documents against Payment with reduced shipment-to-payment settlement time and document handling time through blockchain-based data exchange.
- Bill of Lading (BL) Genuineness Check
Quantifiable outcome
- 75% reduction in shipment-to-payment settlement time through interoperable digital Documents against Payment (D/P) initiative
- +2 more outcomes
Companies that use SGTraDex
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
SGTraDex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
SGTraDex partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- CMA CGMcoreMoU signed to advance blockchain interoperability for electronic Bills of Lading using TradeTrust framework, aiming to enhance security, sustainability, and efficiency of digital trade by 2030.
- MYEGcoreStrategic partnership to enhance Malaysia-Singapore digital trade connectivity, extending the cross-border digital trade corridor beyond Singapore-China to include Malaysia.
- BB EnergycoreRenewed strategic partnership to advance digital borrowing base financing across Asia. Follows successful digital borrowing base drawdown in April 2024. Original MoU was August 2023.
- TradeGocoreLong-term strategic partnership to broaden cross-border exchange of Electronic Bills of Lading (eBLs), enhancing interoperability of digital trade documentation.
- KomgominorMoU collaboration on digitalisation of borrowing base financing, working with BB Energy and SGTraDex to digitise trade finance processes.
- IMDA (Infocomm Media Development Authority)coreGovernment agency and co-chair of Alliance for Action on Supply Chain Digitalisation. IMDA provides regulatory support and acts as the public sector anchor for the SGTraDex initiative, enabling the 'digital utility' framework for trusted data sharing.
- PSA InternationalcoreGlobal port operator and co-chair of Alliance for Action on Supply Chain Digitalisation. PSA contributes expertise in port operations and supply chain visibility, believing SGTraDex will reform conventional trade ecosystem paradigms.
- TrafiguracoreLeading commodity trader and founding member of SGTraDex. Trafigura supports the development of digital infrastructure to improve data sharing, process flows and transparency within the supply chain ecosystem.
- DBScoreLeading Singapore bank and founding member. DBS sees SGTraDex as a game-changer for digitalising onshore trade services and enabling cross-border collaboration at scale, complementing SGFinDex infrastructure.
- Jurong PortcoreSingapore's premier multi-purpose port operator handling bulk, breakbulk and containerised commodities. Contributes expertise in handling commodities vital for national supply chains.
- OCBCcoreMajor Singapore bank and founding member. OCBC recognises SGTraDex as addressing key pain points around trade fraud, data security, and document authentication while presenting business opportunities for innovative solutions.
- Ocean Network Express (ONE)coreGlobal shipping line and founding member. ONE contributes expertise in international trade and global supply chains, supporting interoperability amongst multiple stakeholders for seamless end-to-end digital solutions.
- AdvariocoreGlobal logistics partner owning 3 terminals in Singapore with over 2.2 million cbm of oils, gases and chemicals storage. Contributing to digitalisation initiative for gains in asset utilisation and process efficiencies.
- Pacific International Lines (PIL)coreMajor shipping line and founding member. PIL supports Singapore's ambition to construct digitalised and resilient supply chain solutions. First shipping line to complete full integration with SGTraDex.
- Standard CharteredcoreInternational bank and founding member contributing global trade and innovation expertise. Supporting Singapore's goal to build a trusted international digital supply chain ecosystem.
- UOBcoreSingapore bank and founding member. UOB contributes expertise in supporting cross-border trade needs and helping businesses across Asia through the increased visibility of trade activities enabled by SGTraDex.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
SGTraDex competitors and assessment
Company assessmentDirect peers
- BlockPeer: BlockPeer is one of the four TradeTrust-enabled platforms approved by the International Group of P&I Clubs alongside SGTraDex, directly competing in Singapore's electronic trade document ecosystem.
- Credore: Credore is one of the four TradeTrust-enabled platforms approved by the International Group of P&I Clubs alongside SGTraDex, competing in the Singapore-based electronic trade document infrastructure space.
- TradeGo: TradeGo is a Hong Kong-based electronic Bill of Lading platform that has a long-term strategic partnership with SGTraDex to broaden cross-border exchange of eBLs. Both platforms serve the same electronic trade document interoperability market.
- Komgo: Komgo is a trade finance digitization platform backed by major commodity traders and banks, with which SGTraDex signed an MoU (Aug 2023) to collaborate on borrowing base financing digitization. Both serve trade finance and commodity trading clients.
- AEOTrade: AEOTrade is one of the four TradeTrust-enabled platforms (alongside SGTraDex) approved by the International Group of P&I Clubs, competing directly in Singapore's electronic trade document ecosystem.
- CargoX: CargoX is a blockchain-based electronic Bill of Lading provider serving global shipping and trade finance, representing a well-funded competitor in the same electronic trade document space as SGTraDex.
- Wave BL: WaveBL is an electronic Bill of Lading platform that facilitates paperless trade between shippers, carriers, banks, and consignees, directly competing with SGTraDex in the digital trade document infrastructure market.
- Contour: Contour (formerly Voltron, now built on R3 Corda) is a global trade finance network using blockchain for letters of credit and digital trade documents, competing with SGTraDex for bank-led trade finance digitization.
- essDOCS: essDOCS (now part of WiseTech Global) is an established electronic Bill of Lading provider, representing a more mature incumbent in the same electronic trade document infrastructure category as SGTraDex.
Emerging players
- GeTS (Global eTrade Services): GeTS is a Singapore-based digital trade platform whose CALISTA inventory financing platform is integrated with SGTraDex. Both serve the trade digitization ecosystem in Singapore and broader Asia.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SGTraDex social profiles
Digital presenceSGTraDex financial estimates
Financial estimateRevenue estimate
Valuation estimate
SGTraDex leadership team
Management profileNumber of profiles
SGTraDex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SGTraDex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SGTraDex
What does SGTraDex do?
SGTraDex is a blockchain-enabled neutral digital infrastructure that facilitates trusted and secure sharing of supply chain data between ecosystem partners through a Data Highway, Pitstop integration layer, and Service Marketplace. The platform enables trade finance fraud detection, container flow decongestion, bunkering optimisation, green and sustainable trade finance, ship supplies optimisation, and demurrage management across maritime, logistics, and financial services participants.
Is SGTraDex a public or private company?
SGTraDex is a private company. It is classified as corporate owned and is currently operating.
When was SGTraDex founded?
SGTraDex was founded in 2021. It employs 11 to 50 people.
Where is SGTraDex based?
SGTraDex is headquartered in Singapore, Singapore, in the Asia region.
How does SGTraDex make money?
One revenue line is on record: data Infrastructure Services.
Who are SGTraDex's main competitors?
Direct peers on record are BlockPeer, Credore, TradeGo, Komgo, AEOTrade, CargoX, Wave BL, Contour and essDOCS. GeTS (Global eTrade Services) is listed as an emerging player.
Does SGTraDex have an API?
No public API is recorded for SGTraDex.
What industry is SGTraDex in?
SGTraDex's product category is Supply Chain Digital Infrastructure. Its primary akta.pro industry code is FSAGAMAJ, Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring), with a secondary code of FSAPAJAI, Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance). Its NAICS code is 522320 and its SIC code is 6200.